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The international housing market has practically stalled over the past year and in some countries prices have fallen through the floor. With a considerable drop in prices, now is the ideal time to buy that new home or holiday house. Lets imagine you are upwardly mobile and have around US$500,000 (AU$770,000) to invest. This article courtesy of moneycompare.com. It may not stretch as far as it used to, but you can still get some stunning properties in exotic locations.

Take a look at these gorgeous properties in across the globe and see just what you can get for your money.

Turkey: Kalkan, Mediterranean Sea


USD Price: $505,000
Bedrooms: 3 Bathrooms: 4

The name Mumbai is an eponym, etymologically derived from Mumba or Maha-Amba— the name of the Hindu goddess Mumbadevi, and Aai — mother in Marathi. Mumbai, formerly known as Bombay, is the capital of the state of Maharashtra, the most populous city of India, and by some measures the most populous city in the world with an estimated population of about 18 million (as of 2006).

Here are some awesome snaps of Mumbai. The skyline has changed so much in the past few decades, although the heart remains the same. Hope you like them!

A local boy starts his day by giving respect to the Sun God for divine grace